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Versace

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**History and Operations:**
– Gianni Versace started designing for various brands in 1972 before launching Gianni Versace Donna in 1978.
– Donatella Versace expanded the brand’s offerings by introducing new lines in 1993.
– Versace gained international recognition in 1994 with Elizabeth Hurley’s iconic black dress.
– Versace’s operations expanded to include fragrance, couture, and accessories over the years.

**Brands and Collaborations:**
– Versace has various sub-brands like Atelier Versace and Versace Classic V2.
– The brand has collaborated with companies like Lamborghini, H&M, and Kith for special collections.
– Notable partnerships include a luxury helicopter with AgustaWestland and a sneaker collaboration with dancer Lil Buck.

**Acquisitions and Business Expansion:**
– Blackstone Group acquired a stake in Versace in 2014, and Michael Kors acquired the brand in 2018.
– Versace joined Capri Holdings in 2019, stopping the use of fur and kangaroo leather in products.
– The brand has focused on business expansion, including retail pushes and collaborations to reach a wider audience.

**Notable Events and Milestones:**
– Versace has had significant events like joint fashion shows with Fendi and collaborations with artists like Lady Gaga and Dua Lipa.
– The brand opened its first boutique in SoHo, New York, and announced its first Pre-Fall season show in 2018.
– Versace has a history of engaging with celebrities and artists for endorsements and collaborations.

**Brand Image and Partnerships:**
– Versace has a strong brand image with endorsements from celebrities like Madonna, Britney Spears, and Lady Gaga.
– The brand has engaged in various partnerships for brand ambassadors, including Hyunjin, Zhao Lusi, and Ningning.
– Versace has expanded beyond fashion into home interiors, luxury residential projects, and collaborations in the hospitality industry.

Versace (Wikipedia)

Gianni Versace S.r.l. (Italian pronunciation: [ˈdʒanni verˈsaːtʃe]), usually referred to as Versace (/vərˈsɑː/ vər-SAH-chay), is an Italian luxury fashion company founded by Gianni Versace in 1978. The company produces Italian-made ready-to-wear and accessories, as well as haute couture under its Atelier Versace brand and licenses its name and branding to Luxottica for eyewear. Gianni Versace being a native of Calabria, in the ancient Magna Grecia (Greater Greece), the company logo is inspired by Medusa, a figure from Greek mythology.

Gianni Versace S.r.l.
Company typeSubsidiary (S.r.l.)
IndustryFashion
Founded1978; 46 years ago (1978), as Gianni Versace Donna
FounderGianni Maria Versace
Headquarters
Key people
Products
  • Ready-to-wear
  • haute couture
  • leather accessories
  • footwear
Revenue
  • Increase€1.7 billion (2017)
  • €635 million (2013)
Number of employees
1500
ParentCapri Holdings
Websiteversace.com


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